South bay real estate, Real Estate for buyers and sellers in Torrance, Torrance PO, Lomita, Harbor City, Carson, San Pedro, Gardena, Lawndale, Redondo Beach, Hawthorne, Rancho Palos Verdes, Rolling Hills Estates,

Torrance, Torrance PO, Lomita, Harbor City, Carson, San Pedro, Gardena, Lawndale, Redondo Beach, Hawthorne, Rancho Palos Verdes, Rolling Hills Estates, and more

I have access to the largest database of current active available properties and Real Estate listings on the market. honestly I can List Real Estate or Sell Real Estate just about anywhere in Los Angeles County, Orange County, or Riverside County.

I want to be your agent. If you need Real Estate services please call me or fill out one of the request forms here on my website so we can schedule an appointment to discuss your Real Estate needs. I look forward to working with you.

You can get started by doing your own property searches right here at my website? It is connected directly to the Realtor MLS

I will arrange showings for you after a quick buyer appointment and Loan Pre Qualification.

How to Evaluate a Rental Property in 60 Seconds

When you start looking for a rental property to buy, you might find yourself overwhelmed by all of the places that are on the market. Your realtor may be sending you a bunch of listings, and you may have a list of properties you've found on websites like Realtor.com. How do you know which ones are worth looking at further?

I use a simple calculation to make a quick decision, and it saves me a huge amount of time. When you look at a spreadsheet of potential properties to buy (this is how to compare opportunities), take three or four to look at closely in less than five minutes. You can spend hours going over the details and analyzing the numbers only to come to the same conclusion.

So, what's my trick?

All you need are two numbers: the price of the property and the rental income you will get from it each month. If the monthly income is at least 1 percent of the purchase price, it's worth investigating further. If, for example, you have a property that costs $300,000 and it gets $3,000 per month in rent, it's highly likely you will get positive cash flow from it. Here is another Idea: get pre qualified for a loan. make sure to ask your lender how much the mortgage payment is going to be along with your price range you are approved for and compare your monthly mortgage payment to the monthly rents of the property you choose. If you have positive cash flow then you have a good property.

Also keep in mind some properties rents are under market. You can update the property and raise the rents to the current market rents in that area.

And that is a key ingredient to successful real estate investing.

You can even drop the 1 percent to 0.8 percent, and you may still have a positive cash flow property. One percent is just a rule of thumb. You can decide on the exact number you're looking for based on your objectives, the strength of the area where you're buying, the size of the down payment, and the cost of financing.

Once you've found a property with cash flow potential, you still have a lot of work to do to make sure it is a good one to buy. But by using this trick, you won't waste time running the numbers on properties that don't have much potential to be a good deal.

Note: This is the PERFECT time to scoop up real estate at bargain prices and set yourself up for massive wealth creation when the market recovers.